The sinking fund commissions or other similar custodians of sinking funds of the various counties of the State may invest the sinking funds of their respective counties in United States Defense Bonds and Defense Securities.
S.C. Code Ann. § 4-1-70
Investment of sinking funds in defense securities
1962 Code SECTION 14-10; 1952 Code SECTION 14-10; 1942 (42) 1549.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.